Business Segment Information

6 Months Ended

Jun. 25, 2020

Business Segment Information

Business Segment Information

8. Business Segment Information

The Company’s primary operations are reported in the following business segments: Theatres and Hotels/Resorts. Corporate items include amounts not allocable to the business segments. Corporate revenues consist principally of rent and the corporate operating loss includes general corporate expenses. Corporate information technology costs and accounting shared services costs are allocated to the business segments based upon several factors, including actual usage and segment revenues.

Following is a summary of business segment information for the 13 weeks and 26 weeks ended June 25, 2020 and June 27, 2019 (in thousands):

13 Weeks Ended			Hotels/		Corporate
June 25, 2020	Theatres		Resorts		Items		Total
Revenues	$	1,849	$	5,915	$	169	$	7,933
Operating income (loss)		(34,531)		(14,681)		(3,850)		(53,062)
Depreciation and amortization		13,382		5,333		130		18,845

13 Weeks Ended			Hotels/		Corporate
June 27, 2019	Theatres		Resorts		Items		Total
Revenues	$	162,387	$	69,971	$	142	$	232,500
Operating income (loss)		28,219		4,016		(4,760)		27,475
Depreciation and amortization		13,353		4,832		88		18,273

26 Weeks Ended			Hotels/		Corporate
June 25, 2020	Theatres		Resorts		Items		Total
Revenues	$	111,060	$	56,075	$	258	$	167,393
Operating income (loss)		(41,614)		(25,534)		(8,114)		(75,262)
Depreciation and amortization		26,892		10,745		241		37,878

26 Weeks Ended			Hotels/		Corporate
June 27, 2019	Theatres		Resorts		Items		Total
Revenues	$	277,272	$	125,032	$	235	$	402,539
Operating income (loss)		40,813		863		(9,251)		32,425
Depreciation and amortization		24,480		9,599		179		34,258